Founded in 1886, Obwaldner Kantonalbank is a universal bank, providing retail and corporate banking products mainly to the canton residents (natural persons and legal entities). Traditionally for cantonal banks, Obwaldner Kantonalbank is especially strong in savings and mortgage products. Like most of the cantonal banks, Obwaldner Kantonalbank has full state guarantee of its liabilities.
Becoming a client of Obwaldner Kantonalbank can be done in a few steps:
Obwaldner Kantonalbank performs client's identity verification via branch visit.
Obwaldner Kantonalbank is the 61st largest bank in Switzerland in terms of total assets. In 2019 its total assets were 5 215,88 mln CHF, providing the bank with the market share of 0.16%. Obwaldner Kantonalbank is the 21st largest cantonal bank in Switzerland (out of 24 cantonal banks) having market share of 0.83% amongst the banks of this category. In 2018 the bank's annual profit was 15,60 mln CHF. Obwaldner Kantonalbank had 149 employees in 2015.
Obwaldner Kantonalbank participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. Obwaldner Kantonalbank is a member of esisuisse – Deposit Insurance and makes its contributions into it.
Obwaldner Kantonalbank is headquartered in Sarnen.
Obwaldner Kantonalbank is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-108.954.642).